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500 Romeo RD #condo rental portfolio Rochester, MI 48307
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Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Sold
Purchase Type For Sale
Square Footage 4,926 sqft
Price per Sqft $176
Subdivision Rochester Village Condo
MLS Listing ID 20251056383
Sold Date 03/27/26
Year Built 1964
Lot Size 2.880 Acres
Acres 2.88
Property Sub-Type RealEstateOnly
Property Description
Six condominium portfolio in larger condo community (ask about a 7th unit available); Class A location, well-run HOA. Secure a rare, cash-flowing 6-unit condo package in a well-maintained complex across three buildings, located just minutes from downtown Rochester. This stabilized investor opportunity includes 5 x 2-bed units and 1 x 1-bed unit, all occupied with reliable tenants, generating immediate rental income. Several units feature full remodels, others have value add opportunities to increase market rent or flip to a buyer. This portfolio offers instant scale, reliable cash flow, and long-term upside in a high-demand rental market—perfect for investors ready to grow fast. Please do not disturb tenants.
Location
State MI
County Oakland
Area Area02152Rochester
Interior
Heating Baseboard, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features ParkingLot
View Y/N No
Garage false
Building
Foundation Basement, BrickMortar
Sewer Public Sewer
Water Other
New Construction No
Schools
High Schools Rochester
School District Rochester
Others
Senior Community false
Acceptable Financing Cash, Conventional, WarrantyDeed
Listing Terms Cash, Conventional, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
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Bought with Andrews Realty Group
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